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UNG

The gasoline production has seen a build of 35K, which is less than the expected build of 45K.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:30 pm

BDX

Becton, Dickinson (NYSE:BDX) has outperformed the market over the past 20 years, producing an average annual return of 10.99%. If an investor had bought $100 of BDX stock 20 years ago, it would be worth $793.19 today. The company currently has a market capitalization of $80.84 billion.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:30 pm

BTCUSD

COMPUSD

ETHUSD

XDCUSD

Bitcoin (BTC) traded slightly higher, while Ethereum (ETH) edged lower. Compound (COMP) was the top gainer over the prior 24 hours, while XDC Network (XDC) was the biggest loser. The global crypto market cap rose to $1.17 trillion, recording a 24-hour gain of 0.2%. Other notable gainers include Maker (MKR), Solana (SOL), Kava (KAVA), and Theta Network (THETA). Losers include Pepe (PEPE), Filecoin (FIL), Gala (GALA), and Mantle (MNT).

Portfolio Pulse from Lisa Levin

July 26, 2023 | 2:30 pm

LNG

Cheniere Energy (AMEX:LNG) has outperformed the market over the past 20 years, producing an average annual return of 23.93%. If an investor had bought $100 of LNG stock 20 years ago, it would be worth $7,188.59 today.

Portfolio Pulse from Benzinga Insights

July 26, 2023 | 2:30 pm

SIRI

An option alert has been issued for Sirius XM Holdings, specifically for August 18 $6 calls. The sweep is near the ask with 1892 contracts at $0.28 versus an open interest of 13705. The reference price is $5.08.

Portfolio Pulse from Charles Gross

July 26, 2023 | 2:29 pm

RPM

RPM International Inc. reported Q4 FY23 sales growth of 1.6% YoY to $2.016 billion, beating the consensus of $1.970 billion. Adjusted EPS of $1.36 also exceeded the consensus of $1.30. The company attributed these results to efficient operations and growth opportunities. Sales grew in North America, Latin America, Asia/Pacific, Africa, and the Middle East, but declined in Europe. The company expects Q1 sales and EBIT to increase in the low-single-digit and high-single-digit percentage range respectively. For FY24, sales and EBIT are expected to increase in the mid-single-digit and low-double-digit to mid-teen percentage range respectively.

Portfolio Pulse from Nabaparna Bhattacharya

July 26, 2023 | 2:28 pm

SPY

The Federal Reserve is expected to raise rates by 0.25% at the end of its two-day FOMC meeting, according to former Atlanta Fed president Dennis Lockhart. This would bring the fed funds rate to its highest level in over 20 years. Lockhart also anticipates another rate hike in September. The market is pricing in a 98.9% chance of a 0.25% hike this afternoon, with a 20% expectation for a subsequent hike in September. The SPDR S&P 500 (NYSE:SPY) was down 0.14% at $454.78 at the time of writing.

Portfolio Pulse from Adam Eckert

July 26, 2023 | 2:23 pm

STLA

Stellantis reported its 1H results, showing an increase in Battery Electric Vehicle (BEV) and Low Emission Vehicle (LEV) sales. This positive news has led to a rise in the company's share price.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 2:22 pm

BNTC

Trading has resumed for Benitec Biopharma.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 2:21 pm

DGX

Quest Diagnostics Inc (NYSE:DGX) reported Q2 FY23 adjusted EPS of $2.30, down 2.5% Y/Y, beating the consensus of $2.27. Sales were $2.34 billion, a decline of 4.7% Y/Y, higher than the estimate of $2.25 billion. COVID-19 testing revenues slumped 88% to $41 million, while base business revenues improved 9.5% to $2.29 billion. The company revised its FY23 revenue guidance to $9.12 billion-$9.22 billion. DGX shares are down 4.35% at $138.61.

Portfolio Pulse from Vandana Singh

July 26, 2023 | 2:21 pm